Kansas City, MO 64108 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Property Taxes

Liquidity & Velocity

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. median sold price is not available in the provided metrics; transaction-level sold-price data was not included in the dataset, so recent closed-sale valuation cannot be directly stated and analysis must rely on listing-price and market indicators instead.
2. median listing price is $282,000 and the median price per square foot is $235, which—combined with a hot market temperature—suggests current asking prices are elevated relative to recent listing behavior and may reflect seller confidence.
3. The median days on market of 276 points to slower sales velocity despite a hot market temperature; this apparent mismatch may indicate pricing friction or constrained buyer affordability rather than weak interest.
4. Rents are rising (the median market rent is $1,525 and rent year-over-year trend is up), while interest rate pressure is elevated; current 30-year fixed mortgage rates in the area are averaging 6.5% to 6.75%, which may be dampening buyer purchasing power and elongating time-to-sale.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.